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The Latest Breaking News from Paschal Donohoe

Russia-Ukraine war sends shockwaves through Ireland's economy and could have 'severe' consequences

Paschal Donohoe, the Finance Minister, said the war could cause further economic woes for Ireland

Irish Mirror

Budget 2023 'will balance helping people with protecting economy', says Paschal Donohoe

The Finance Minister refused to predict that the Budget would increase people’s living standards, stating that the economic outlook was currently too uncertain

Irish Mirror

Budget 2023: Cut in VAT on gas and electricity 'to be extended past October'

Ministers have agreed to bring the Budget forward to September 27 - two weeks earlier than expected

Irish Mirror

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Health experts warn of another Covid wave as hospitals under pressure

The HSE also warned of increased pressures on hospital services as almost 600 staff members in acute hospital settings have tested positive in the last week

Dublin Live

Minister for Finance Paschal Donohoe warns of recession risk

“We’ve acknowledged that recession is a risk"

Dublin Live

Recession Ireland: Fresh updates on if country is headed for economic disaster

Earlier this week, the government confirmed that it is unlikely that additional measures to tackle the increase in inflation would be introduced before Budget 2023 in October

Irish Mirror

Top minister warns recession is looming in Ireland as Taoiseach offers update on crisis

Paschal Donohoe has for the first time used the 'R' word in relation to the cost of living crisis

Irish Mirror

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Finance Minister Paschal Donohoe says high corporate tax receipts create 'artificially benign picture' of Ireland's finances

'In a world that has become so susceptible to unforeseen shocks, it is even more important that we prepare now for the risks that we know are ahead'

Irish Mirror

GAA fans being fleeced for €167 for hostel bunkbed in Dublin, Dail hears

TDs and Senators slammed hoteliers and accused them of 'price gouging' and 'extortionate room charging' which amounted to 'economic treason'

Irish Mirror

Taoiseach Micheal Martin hints Ireland will extend Russian Ambassador's visa

There have been repeated calls on the Government to expel Yury Filatov as a result of Russia’s barbaric war in Ukraine

Irish Mirror

Boost for Irish pubs and restaurants as hospitality VAT rate of 9% to be extended for six months

The rate is set to stay until at least February 28 2023

Irish Mirror

Special 9% VAT for hospitality sector to be extended

The lower rate was introduced during the height of the Covid-19 pandemic

Dublin Live

UK factories raise prices at record pace; windfall tax calls grows as BP earnings swell – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Government fails to reduce costs on home heating oil as new cost of living package details announced

Opposition TDs have said the Government failed to sufficiently target its cost of living measures to low and middle-income households

Irish Mirror

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Irish Mirror

Government confirms thousands of Irish households to get extra €100 payment next month

The temporary cut in VAT on fuel bills from 13.5% to 9% will begin on May 1 and last until 31 October.

Irish Mirror

Paschal Donhoe warns energy prices could increase further but says Government are 'well aware'

Paschal Donohoe told Claire Byrne that the Government would not be caught out if counter-sanctions were introduced, or if the price of energy, oil and gas was to rise again.

Irish Mirror

Government doing 'all they can' to stop energy bills rising as Finance Minister defends action

Paschal Donohoe noted that he 'accepted' that it wouldn't be enough for everyone.

The Independent UK

Irish finance minister expects EU to agree further sanctions against Russia

Paschal Donohoe said current measures against Russia are ‘undermining’ or may stop the ability of the Russian economy to fund the ‘murderous war’.

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Irish Mirror

Forcing Ireland's banks to pay €150m levy could lead to higher costs for consumers, Department of Finance warns

Officials said that maintaining annual income from the levy as KBC and Ulster Bank departed the Irish market would leave AIB, Bank of Ireland, and Permanent TSB to foot the full bill

Irish Mirror

Excise duty cut on petrol and diesel to remain until August as government confirms start date

Cabinet Ministers will hold an incorporeal meeting to sign off on the measure on Wednesday morning and it will be announced by Finance Minister Paschal Donohoe

Irish Mirror

Covid-19 pandemic not 'fully behind us' but Ireland and EU seeing signs of recovery, says Finance Minister Paschal Donohoe

'However, if this pandemic has taught us anything, it is the need to acknowledge uncertainty and uncertainty is associated with changing health and economic conditions'

The Independent UK

Pandemic not fully behind us but signs of recovery – Donohoe

The Minister for Finance said that unemployment levels across the Euro area has reached a low of 7%, while output is back to pre-pandemic levels.

Irish Mirror

Paschal Donohoe compared to Oliver Cromwell as Dail erupts in cost of living row

The Finance Minister was likened to the British tyrant who plundered and pillaged his way across the country in the 17th century

Irish Mirror

Ukraine crisis: Details of Russia sanctions to be confirmed, says Finance Minister Paschal Donohoe

The sanctions come after Russian President Vladimir Putin ordered troops into separatist regions of Ukraine

The Independent UK

Details of Russia sanctions set to be confirmed, says Irish Finance Minister

Paschal Donohoe said that he understood the concerns of business, as the EU, UK and the US begin to impose punitive sanctions on Russia.

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